Electronic commerce
Nowadays, E-commerce is widely used in all over the world. E-commerce is not only helps the businessman but also it is benefit to the customers. With e-commerce, it is impossible for us to face hardship of traveling to meet customers or to display and promote their goods to hypermarket but they can simply done their job by only used a internet. For customers, it is no longer for them to navigate a lot to get what they want or to stand in along queue but with enough acquisition of a computer and internet browser software, they are free to shop anytime they want just by using e-commerce. So, what is e-commerce?
What is commerce
Commerce is the exchange of items of value between persons or companies and any exchange of money for product, service or information is considered a transaction of commerce. These trades do not need to occur any physically in a single location but this transaction is made over the internet. Basically, commerce is also known as e-commerce and its’ actually became widespread during the early of 21st century.
What is e-commerce
e-commerce or e-comm is a buying and selling goods and product over the internet. Based on the research, e- commerce is the buying and selling of products or services over electronic systems such as the internet and other computer networks.
This is the example of the stages of e-commerce from company to the client
Types of e-commerce
There are three types of e-commerce namely,:
1) Business to customer (B2C)
B2C stands for Business to Consumer as the name suggest, it is the model taking businesses and consumers interaction. Online business is the process of sells good to individuals. So, the basic concept of this model is to sell the product online to the consumers. B2C is the indirect trade between the company and consumers and it provides direct selling through online.
2) Business to business (b2b)
B2B stands for Business to Business. It